Loading ...
Oil prices fell on Wednesday as a mixed US energy report that showed an unexpectedly sharp drop in crude inventories but a rise in refinery output.
The market action came amid growing comments that the United States, the word’s biggest energy consumer, may be headed for recession, which would crimp demand.
New York’s main contract, light sweet crude for delivery in February, dropped 66 US cents to close at $95.67 a barrel.
Print This Post |
EMail This Post
|
Convert To PDF
|